After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for EPAM Systems Inc. (EPAM) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.99, or -0.38%, to $257.56. The EPAM Systems Inc. has recorded 7,108 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that EPAM Reports Results for Second Quarter 2023 and Updates Full Year Outlook.
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Stocks Info
This NYSE-listed company operates within the Information Technology Services industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $258.55 and fluctuated between $262.75 as its day high and $257.38 as its day low. The current market capitalization of EPAM Systems Inc. is $15.01B. A total of 0.31 million shares were traded on the day, compared to an average of 603.62K shares.
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Insider trades can also provide insight into a stock’s future direction. During the recent three months, EPAM has seen 3 BUY and 1 SELL insider trades, representing the acquisition of 2,207 and the disposition of 1,552 shares. Over the last 12 months, there were 40 BUYs and 47 SELLs from insiders. Insiders purchased 63,767 shares during that period but sold 12,457.
In the most recent transaction, Roman Eugene sold 1,552 shares of EPAM for 237.44 per share on Aug 08. After the transaction, the Director now owns 982 company shares. In a previous transaction on Nov 11, Peterson Jason D. sold 1,000 shares at 350.00 per share. EPAM shares that Chief Financial Officer owns now total 11,762.
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Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for EPAM in the last 3 months, the mean price target is $271.09 with high estimates of $319.00 and low estimates of $233.00. In terms of 52-week highs and lows, EPAM has a high of $439.34 and a low of $197.99.
As of this writing, EPAM has an earnings estimate of $2.55 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $2.6 per share and a lower estimate of $2.49. The company reported an EPS of $2.47 in the last quarter, which was 5.60% higher than expectations of $2.34.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. EPAM’s latest balance sheet shows that the firm has $1.45B in Cash & Short Term Investments as of fiscal 2021. There were $239.16M in debt and $763.42M in liabilities at the time. Its Book Value Per Share was $56.26, while its Total Shareholder’s Equity was $2.50B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EPAM is Buy with a score of 3.80.